Willis Group Holdings Limited, has acquired of InternationalInsurance Brokers, Inc., of Staten Island, NY.


Terms of the transaction, which is expected to be completed inJanuary 2006, were not released.


Founded in 1991 by Antonio Palmiotto, who has served as itspresident since its inception, International Insurance specializesin coverage for the armored car and check-cashing industries. Thefirm has annualized revenues of $2 million.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.